Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
390.24
-10.08 (-2.52%)
At close: Aug 17, 2026, 4:00 PM EDT
391.00
+0.76 (0.19%)
After-hours: Aug 17, 2026, 5:37 PM EDT

Elevance Health Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
201,114199,126176,810171,340156,599138,643
Revenue Growth
6.27%12.62%3.19%9.41%12.95%13.76%
Operating Income
7,6148,2979,8639,8898,4629,027
Net Income
4,9635,6625,9805,9875,8946,158
Earnings Per Share
22.4725.2125.6825.2224.2824.95
EPS Growth
-3.90%-1.83%1.82%3.87%-2.69%38.77%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Health Benefits
169,291167,094150,275148,571138,484121,728
CarelonRx
44,49143,40035,961---
Carelon Services
29,67928,31617,961---
Corporate & Other
7646330947939995
Revenue (Total)
198,718197,584175,204170,209155,660136,943

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
10,2329,4918,2886,5267,3874,880
Total Debt
31,04432,75032,19325,96925,04624,028
Net Cash (Debt)
-20,812-23,259-23,905-19,443-17,659-19,148
Net Cash Growth
------
Net Cash Per Share
-94.21-103.56-102.64-81.90-72.73-77.59

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
7,4644,2905,8088,0618,3998,364
Capital Expenditures
-1,175-1,116-1,256-1,296-1,152-1,087
Free Cash Flow
6,2893,1744,5526,7657,2477,277
Free Cash Flow Growth
17.84%-30.27%-32.71%-6.65%-0.41%-24.72%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
3.79%4.17%5.58%5.77%5.40%6.51%
Pretax Margin
2.91%3.37%4.47%4.50%4.85%5.77%
Profit Margin
2.47%2.84%3.38%3.49%3.76%4.44%
FCF Margin
3.13%1.59%2.57%3.95%4.63%5.25%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
6.8806.8406.5205.9205.1204.520
Dividend Per Share Growth
2.69%4.91%10.13%15.63%13.27%18.95%
Dividend Yield
1.76%1.97%1.82%1.31%1.05%1.04%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.8113.7614.3118.5120.7918.27
Forward PE
14.7813.0911.2513.1716.1416.70
P/FCF Ratio
13.4124.5518.8016.3816.9115.46
PS Ratio
0.420.390.480.650.780.81